Namibia

For the first time since gaining independence, Namibia’s upstream oil and gas sector stands at the threshold of rapid transformation. Significant discoveries, such as the Graff-1, Venus-1, and Jonker-1X exploration projects in the Orange Basin during 2022 and 2023, have garnered the attention of major players like Total Energies, Shell, Chevron, and ExxonMobil, alongside multinational energy corporations like Galp and Qatar Energy. According to Namibia’s National Petroleum Company NAMCOR, reserves in the offshore Orange Basin, where Total and Shell conducted exploratory drilling, are estimated at 11 billion barrels of light oil and 2.2 trillion cubic feet of natural gas. If proven commercially viable, these discoveries could usher in an unprecedented revenue surge for the Namibian government, potentially more than doubling the country’s GDP by 2040.

Engs Petroleum has entered the Namibian market to offer our extensive services to major players in the energy sector. Our commitment to investing in local talent has enabled us to establish a strong presence in Namibia’s energy landscape, directly benefiting the Namibian people. As Namibia harnesses its full potential, we are actively engaging with local communities to contribute to economic growth. Join us as we propel towards a brighter future, empowering Namibia and its citizens with the energy needed for sustainable development.